Time's Effect on Rolling Hills Real Estate

What buyer, of any product, does not want to make a smart and savvy purchase?  Whether you're purchasing lipstick online because the same brand costs less on Amazon than it does at CVS (as I did this week), or you are making a multi-million dollar property purchase in Rolling Hills, there are few things higher on the satisfaction scale than knowing you made a savvy purchase.  But how do you know at the time it is the right thing to do?


The art of the real estate deal, in Donald Trump speak, is a cauldron mix of part science (sale statistics), part art (comparing apples and oranges takes a certain amount of finesse and market knowledge) and a dose of gamble (future value predictions are a mix of research and hoping current economic conditions don't waver excessively). Plus, let's not forget the unpredictability of Mother Nature.


When a buyer wants to ensure a decision to purchase is based on a solid foundation a review of historical sales is a good starting point.  An agent can quote percentage increases, or decreases as was the case during the recession years, but the power of seeing it in black and white will add unquestionable weight to support the words.

Just for the fun of it let's look at time's effect on a few Rolling Hills property sales for 2014:

2003 Sale price:  $3,220,000                     2014 Sale price:  $4,500,000

2002 Sale price:  $1,550,000                     2014 Sale price:  $2,438,500

1996 Sale price:  $1,269,000                     2014 Sale price:  $5,000,000

1989 Sale price:  $1,575,000                     2014 Sale price:  $6,650,000

A quick glance reveals a buy and hold strategy is a wise one when it comes to Rolling Hills properties. These sale numbers do not consider any improvements made to the property.


A review of the 14 Rolling Hills homes sold year-to-date in the gated community show most were held by the previous owners a minimum of ten years, and the majority much longer.  Although a Rolling Hills property's primary purpose may be to provide shelter, over time it can provide not only an enviable lifestyle for family living, but a solid return on investment as well.

- Norma (310) 493-8333

Rolling Hills Homes for Sale:

Palos Verdes Homes--What a Variety of Prices and Styles

It's 6:30 AM Tuesday morning and my list of new Palos Verdes home listings is printed for the weekly Tuesday broker open house tours.  I was struck by the variety of styles and prices the Palos Verdes Peninsula has to offer to prospective home buyers.

Our tour will stop at a two level home in upper Lunada Bay at a two level contemporary ocean view home.  The property is similar in size, condition and view to one a client is considering selling in the near future, and that's the reason I will check it out today.  We don't have a buyer, but it's a great comparable property for a prospective seller and I owe it to my client to be well informed about recent sales and current competition.

Another stop in Lunada Bay will be to see a one level home in need of updating.  The location is prime Palos Verdes Estates in lower Lunada and within easy walking distance of the neighborhood elementary and high school.  We have clients always interested in finding a great buy in Palos Verdes with lots of upside potential once remodeled and this one looks like a good candidate.  Priced at $1.4M in a neighborhood that is comfortable with homes in the $3M and up it is a must see.

A villa with a view in Rancho Palos Verdes is next.  With over 5,000 sq. ft. to peruse we will enjoy our time spent in this luxury home priced at $3.3M.  We have an a few international buyers and this one may be of interest but we'll need to check it out to make sure it meets all their criteria for a luxury home in Palos Verdes.

A fabulous golf .course home priced just under $3.4M will make a nice option for those same international buyers as well as give us a good comparison in their price range.

I'm really hoping the new listing in Rolling Hills Estates will be perfect for buyers who want to purchase this year--time is growing short.  The price, size, location and condition are a good match but I'll need to walk the floor plan before we set an appointment.

A Rolling Hills horse property is next on the list.  Priced at $2.9M with horse facilities that include a riding ring makes it high on our list to check out for clients with horses and a good buy for Rolling Hills horse property.

A price reduction of over $100k will have us stopping to see if this Rancho Palos Verdes home might work for any of our clients.

Last on the list (because it's open late) is a gated Italian villa in Rancho Palos Verdes listed at $4M. International buyers coming next month love the idea of a gated property as they will not be full time occupants and like the idea of closing the gates for added security while they're away.

Broker tours are not as well attended as years past.  Here is why Josh and I are tour regulars.  Photos do not tell the complete story, you need to walk the property with your own feet and look at it with your own eyes with your clients in mind.  That's one of the things we provide for our clients.  We use our time and save theirs whenever possible.  That's one of the many ways we raise the bar on customer and client service.

- Norma (310) 493-8333

Palos Verdes Luxury Home Market Report--October 2014

There are currently 85 Palos Verdes luxury homes for sale priced over $2,000,000.  22 Palos Verdes luxury homes are in escrow with accepted offers. 13 Palos Verdes luxury homes sold during September 2014.

The top price paid for a Palos Verdes luxury home last month was $12,999,900 for a gated compound in Palos Verdes Estates.  The 10,000+ sq. ft. view property had 6 bedrooms and 8 baths plus numerous other luxury amenities including pool and tennis court.

Charlemagne Int'l Properties will be pleased to provide additional information on Palos Verdes properties.  You may contact us at ToeringandTeam@gmail.com

Palos Verdes Luxury Homes ($2M - $5M):

Palos Verdes Luxury Homes ($5M+):

Palos Verdes & Beach Cities Luxury Homes - Video - Sept 2014

PV & Beach Cities Luxury Home Update

 If you are considering buying or selling a luxury home priced over $2,000,000 in the South Bay of Los Angeles this video will give you a snapshot of what's happening in the luxury market in Palos Verdes as well as Manhattan Beach, Hermosa Beach and Redondo Beach.

Norma Toering, Broker-Owner of Charlemagne Intl Properties (310) 493-8333

Palos Verdes Luxury Homes ($2M - $5M):

Palos Verdes Luxury Homes ($5M+):

Beach Cities Luxury Homes ($2M - $5M)

Beach Cities Luxury Homes ($5M+)

Palos Verdes Luxury Home Market Update--July 2014

There are currently 88 Palos Verdes luxury homes for sale on the Palos Verdes Peninsula. 86 are single family homes and two of the luxury properties are condos located at Terranea Resort in Rancho Palos Verdes.

31 Palos Verdes high-end homes, priced over $2,000,000, are in escrow with accepted offers.  12 Palos Verdes luxury homes sold during June 2014. The breakdown of June luxury home sales by city:

• Rancho Palos Verdes: 4 
•  Palos Verdes Estates: 3 
•  Rolling Hills: 2 
•  Rolling Hills Estates: 2 
•  Palos Verdes Peninsula (unincorporated area): 1

If you are interested in selling or purchasing luxury property on the Palos Verdes Peninsula or South Bay we can help you accomplish your real estate goals.

- Norma Toering, Broker-Owner (310) 493-8333

  Palos Verdes Luxury Homes ($2-5 Million):

Spotlight - Rolling Hills in Palos Verdes

The Pacific Ocean as seen from the top of Palos Verdes, in Rolling Hills CA.

Rolling Hills is a gated city located at the top of the Palos Verdes Peninsula. The main entrance is off Palos Verdes Drive North with secondary entrances at Crenshaw and Crest Road as well as Palos Verdes Drive East. Rolling Hills is well known for its equestrian estates, large lots and privacy. The views are spectacular too!

Acreage and horse property, still a common sight in the city of Rolling Hills.

Manned guard gates at every street leading in to Rolling Hills.

Rolling Hills homes for sale:

Palos Verdes Luxury Home Market Update--June 2014

A knock out backyard view in Malaga Cove - Palos Verdes Estates CA.

There are currently 83 Palos Verdes luxury homes for sale priced over $2,000,000. 24 Palos Verdes luxury homes are in escrow with accepted offers, and 15 Palos Verdes luxury homes sold during May 2014. 

The most expensive single family home sale on the Palos Verdes Peninsula for the month was $4,680,000 for a home on Sea Cove in the Palos Verdes Drive South neighborhood. The number of homes for sale in Palos Verdes is increasing.

 There are now 188 single family homes for sale after months of declining inventory and at one point dipping below 100 single family homes on the market. The rise may be due to the increase in number of listings typical of the spring market, combined with buyers reaction to higher prices. 

- Norma (310) 493-8333

Palos Verdes homes for sale priced over $2,000,000:

Palos Verdes homes for sale priced over $5,000,000: